Fairland, OK—74343
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairland, OK
As of Oct '25, the median home price in Fairland, OK is $196,000, with a year-over-year change of -2.7%. This indicates that home prices in Fairland, OK are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | -2.7% |
| Single Family | $196,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $137,000 | -6.8% |
3 Bed | $202,000 | -2.4% |
4 Bed | $289,000 | -2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fairland, OK
Fairland, OK lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fairland, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairland, OK is 49. This is a increase of 71.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $327,000 | 23.0% |
Listing Count | 19 | 54.0% |
| Listings as % of Homes | 0.5% | 54.0% |
Days on Market | 49 | 71.0% |
Demographics — Fairland, OK
As of the latest ACS Survey released in 2023, Fairland, OK has a population of 3,240, which has increased by 5.8% over the past 5 years. Fairland, OK is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 11.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,240 | 5.8% |
% Under 18 | 22.5% | -7.0% |
% Seniors | 21.8% | 9.0% |
% WFH | 6.8% | 209.1% |
% w/ College Degree | 11.7% | -11.4% |
As of the latest ACS Survey released in 2023, Fairland, OK is a predominantly white area, with 66.0% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Fairland, OK is hispanic, making up 2.1% of the population. Foreign-born residents account for 1.7% of the population in Fairland, OK, and this percentage has increased by 183.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.0% | -7.4% |
% Black | 0.6% | 500.0% |
% Hispanic | 2.1% | 40.0% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 1.7% | 183.3% |
Mortgage and Risk — Fairland, OK
According to HUD data as of 2023, there were 60 mortgage originations in Fairland, OK, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Fairland, OK. Investor activity is low, as 5.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Fairland, OK
Fairland, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Fairland, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $196,000 |
| Median Household Income | $46,000 |